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FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm generates the majority of its revenue from Oil sales."


TSXV:FEN - Post by User

Post by Phonse47on Nov 27, 2014 1:01pm
150 Views
Post# 23170402

not a fail! progress not perfection

not a fail! progress not perfection
lots of pluses in this report, production and revenue gains are solid. This additional revenue is very beneficial adding real value to our asset base. New aquisitions a plus. Horizontal drilling opportunities a BIG plus. In the MDA comments i am particularly interested in the shift to merger and aquisitions opportunoties. All previous MDA have only referenced aquisitions so this is new and indicates external interest in our company. Yes we need more money, thats the very nature of the junior plays. The M&A may be the key to success here, i think intermediates have raised eyebrows and recognise exceptional value of forent. Overall, good job on execution, steady incremental gains in this environment is a win.
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